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You plan to invest$7033 now for 9years. You believe you can earn an average of 7% per year on this investment.What should your balance be
You plan to invest$7033 now for 9years. You believe you can earn an average of 7% per year on this investment.What should your balance be at the end of this investment period (of 9 years)?
Of course, you will have been working with four decimals on all the calculations. But for your final answer entered below, round to the nearest dollar.
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